Examples of Prepetition RBL Secured Parties in a sentence
On the Petition Date, the Debtor filed its Motion for Entry of Interim and Final Orders (I) Authorizing the Debtor to (A) Obtain Postpetition Financing and (B) Use Cash Collateral, (II) Granting Adequate Protection to Prepetition RBL Secured Parties, (III) Granting Liens and Superpriority Claims, (IV) Modifying the Automatic Stay, (V) Scheduling a Final Hearing, and (VI) Granting Related Relief (the “DIP Motion” and the financing therein, the “DIPFinancing”) [D.I. 23].
Until the Discharge of Senior DIP Obligations, the Junior DIP Agent and the Junior DIP Secured Parties may not seek to amend, modify, vacate, supplement or waive the terms of this Interim Order in a manner adverse to the interests or rights of the Senior DIP Secured Parties or, prior to the Prepetition RBL Obligatoins being discharged, the Prepetition RBL Secured Parties, in either case without the prior written consent of the Senior DIP Agent and the Prepetition RBL Agent, as applicable.
I believe that the agreement with the Prepetition RBL Secured Parties was negotiated and struck in good faith and at arm’s length and preserves the status quo while providing the Debtors with sufficient liquidity to fund their business and to conduct the sale process.
Such security interests and liens shall be senior in all respects to the interests in such property of the Prepetition RBL Secured Parties arising from current and future liens of the Prepetition RBL Secured Parties (including, without limitation, the Adequate Protection Liens granted hereunder).
In 1979, the Department of Education Organization Act was signed into law, creating a separate Department of Education.
For the reasons set forth above, and with the support of the Committee and Prepetition RBL Secured Parties, the Debtor respectfully submits that the MSP Settlement is fair, reasonable, and in the best interests of its estate and should be approved under Bankruptcy Rule 9019 and section 105(a) of the Bankruptcy Code.
On February 26, 2020, this Court entered the Final Order (I) Authorizing the Debtor to (A) Obtain Postpetition Financing and (B) Use Cash Collateral, (II) Granting Adequate Protection to Prepetition RBL Secured Parties, (III) Granting Liens and Superpriority Claims, (IV) Modifying the Automatic Stay and(V) Granting Related Relief [D.I. 188] (the “Final DIP Order”).
On the Petition Date, the Debtor filed the Debtor’s Motion for Entry of Interim and Final Orders (I) Authorizing the Debtor to (A) Obtain Postpetition Financing and (B) Use Cash Collateral, (II) Granting Adequate Protection to Prepetition RBL Secured Parties, (III) Granting Liens and Superpriority Claims, (IV) Modifying the Automatic Stay, (V) Scheduling a Final Hearing and (VI) Granting Related Relief [D.I. 23] (the “DIP Motion”).
The Prepetition RBL Secured Parties, the Prepetition 1.25L Secured Parties, the Prepetition 1.5L Secured Parties and the Prepetition 2L Secured Parties are collectively referred to herein as the “Prepetition Secured Parties”.
The facilities and indebtedness governed by the Prepetition RBL Credit Agreement and the Prepetition Term Facilities are collectively referred to herein as the “Prepetition Facilities”.The Prepetition RBL Secured Parties, the Prepetition 1.25L Secured Parties, the Prepetition 1.5L Secured Parties and the Prepetition 2L Secured Parties are collectively referred to herein as the “Prepetition Secured Parties”.